Financial Wire

Ora Banda Mining Confirms Mining Potential of Western Australia Project

-- Ora Banda Mining (ASX:OBM) confirmed the mining potential of the Golden Pole lode within its Waihi project in Western Australia, according to a Tuesday filing with the Australian bourse.

Targeted infill and extensional drilling returned results, including 3 meters at 44 grams per tonne (g/t), including 2 meters at nearly 65 g/t grade of gold, 11 meters at 11 g/t including 2 meters at 48 g/t grade of gold, and 7 meters at almost 17 g/t including 3.5 meters at 31 g/t grade of gold, the filing said.

Results will be incorporated into the revised underground mineral resource and ore reserve estimates, expected to be released in the June quarter, per the filing.

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Market Chatter: Japan to Back Biofuel Pilot in Mozambique, Ghana with 4 Billion Yen Funding

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Peel Mining Secures New South Wales Exploration License; Shares Up 7%

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Invictus Energy Secures Binding Commitments for AU$10 Million Placement; Shares Down 18%

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